Homework Clinic
Social Science Clinic => Economics => Topic started by: theo on Jun 29, 2018
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When the U.S. exchange rate rises and the expected future exchange rate does not change, the expected profit from buying U.S. dollars today
A) also rises.
B) falls.
C) does not change.
D) may rise, fall, or stay the same.
Question 2
Due to the recession in 2008, firms decreased their profit expectations. As a result, there was a ________ shift in the ________ loanable funds curve.
A) rightward; supply of
B) leftward; demand for
C) rightward; demand for
D) rightward, supply of
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Answer to Question 1
B
Answer to Question 2
B